Welcome to another edition of Uncorked News. Interesting industry info for liquor stores, beer stores, and wine shops with a splash of point of sale (POS) technology topics.
C-store Operators Uncork Opportunities in Wine & Spirits
“Early in the COVID-19 pandemic, alcohol sales underwent a sea change as shoppers sought to consolidate trips and turned to convenience stores for their purchases. Wine and liquor sales in the channel rose by an incredible 30.9 percent in 2020.
Fast forward three years and consumers could return to their old habits, but convenience store retailers and their supplier partners are working to make sure they don’t.”
Wynk THC Seltzers Expand To Five New Markets Amid Rapid Growth
“When Wynk, a hemp-derived THC seltzer, launched in the summer of 2021, it came to market in an unconventional way. Due to the difficulties of interstate shipping, the brand’s original production line was loaded on the back of a semi truck, allowing the company to travel to different markets and then produce the drink on-site. Since then the brand has become one of the most popular cannabis beverages in the U.S. and has scaled up its footprint rapidly, expanding into 12 new states in 12 months to bring it to current retail availability in 16 states, along with DTC in 33 markets.”
CloudRetailer is THC compliant
Beer drinking in America officially falls to the lowest point in a generation
“Bud Light wasn’t the only beer that had a tough year in the U.S.
According to industry group Beer Marketer’s Insights, 2023 saw the lowest level of beer consumer in the U.S. in a generation.
There are likely two reasons why this consumer shift happened. First, consumers switched from traditional favorites to other forms of alcohol. And second, people avoided alcoholic beverages all together.”
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*There’s been a fair bit of shake up in the alcohol delivery space. Drizly, once the leader, is now on the outs. Do you use Uber Eats? DoorDash? Where have you seen success? Let us know and we may feature your comments in our next newsletter.
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